![]() ![]() It involves the ability to derive meaningful information from raw data. Data analysisĭata analysis is a necessary skill for accounting. Additionally, staying informed on the latest technology may help you remain competitive as businesses move toward accounting automation. Specialized accounting software assists with maintaining a chart of accounts, managing the general ledger, reconciling accounts and generating financial statements.Ī job in accounting also requires being up-to-date with the latest technology including Enterprise Resources Planning software, which acts as a central location for all budgetary, purchasing, payable, invoicing, receivable, personnel and payroll needs of a business. Software proficiencyĪccounting requires proficiency in various software such as word processing and spreadsheet applications as well as specialized accounting software. It also allows you to effectively communicate and negotiate with vendors to address pricing, procurement and invoicing questions. An understanding of general business operations allows you to more accurately assess, record and report their financial needs. General business knowledge allows you to have the basic understanding necessary to successfully work with industries outside of finance. General business knowledgeĪs a support function, accounting often requires collaboration with employees in other departments or industries. Understanding applicable regulatory standards is important to ensure compliance in meeting financial reporting requirements and integrity in accounting. The Securities and Exchange Commission and Public Company Oversight Board establish and enforce regulations to protect investors and market integrity. Since accounting requires managing a company’s finances, it is important to have an understanding of regulatory standards surrounding corporate and public finances. This skill is important to maintain consistency in recording and reporting your organization’s finances as well as maintaining consistency for investors comparing your organization’s financial statements with those of other companies. These standards include a common set of principles and procedures for accountants to follow in preparing financial statements. Skills in standard principles of accounting, such as the GAAP, International Financial Reporting Standards or pro forma accounting, ensure a minimum level of consistency when preparing financial statements. Skills to include on an accounting resume include: 1. When preparing a resume for a job in accounting, there are several skills to consider that demonstrate your ability to perform the job duties. ![]() Listing accounting skills on your resume demonstrates your ability to manage financial transactions and generate financial reports following applicable regulations and standards of practice. These skills are important for accountants to accurately and ethically manage, analyze and report on an organization’s financial activities. ![]() It also includes soft skills such as attention to detail, critical thinking and problem-solving. They include hard skills such as understanding generally accepted accounting principles, mathematical comprehension and data analysis. What are accounting resume skills?Īccounting skills are abilities that allow you to accurately and ethically manage financial transactions, analyze financial data and generate financial reports. In this article, we’ll discuss the top skills to list on an accounting resume and provide examples to help you write your own. Typically, you should include both hard skills and soft skills since they each indicate how likely you are to fulfill the responsibilities of your role and collaborate with your coworkers. A strong skills section on your resume can be your employer’s first introduction to your qualifications as a candidate. ![]()
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